TITLE

High Frequency, Fast Bucks

AUTHOR(S)
Kaufman, Edward E.
PUB. DATE
November 2009
SOURCE
Securities Industry News;11/2/2009, Vol. 21 Issue 20, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the effect of rapid advances in technology on trading. Technology has fragmented the market to more than 60 trading centers, which promotes a competition for liquidity and high frequency trading while neglecting long-term investors. It is argued that technology should not determine regulatory policies but that regulatory policies should determine the guidelines under which technology should operate.
ACCESSION #
45266912

 

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